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Business news highlights

Uwezo Fund launches strategic plan

The Uwezo Fund Oversight Board has unveiled its strategic plan for 2019-23 in a virtual ceremony at its offices in Nairobi. The strategic plan is...

Safaricom ranks 7th in Fortune’s Change the World List

Capital Business | by Julie Owino Safaricom has been included in the 2020 Fortune Change the World List which recognizes companies that have had a...

Naivas takes over Nakumatt space in Kisumu with 65th supermarket

The Naivas Supermarket chain has opened its 65th store in Kisumu County as it seeks to enhance its presence in the lakeside city. Naivas, one...

Telcos to pay users for outages in law change

Business Daily | by Brian Ngugi Mobile phone operators, including Safaricom, Airtel and Telkom Kenya, will compensate businesses and customers when network outages knock out voice,...

Boost for Kenya Airways as flights to Tanzania take off

Business Daily | by Gerald Andae Kenya Airways resumed flights to Tanzania yesterday following the lifting of the ban with the carrier banking on the...

KPC loses fuel in Mombasa-Nairobi pipeline leakage

Business Daily | by Edwin Okoth A major leakage has occurred on the Mombasa–Nairobi pipeline, leading to the loss of an unknown quantity of fuel. A...

Civil servants, teachers to take 7.5pc salary cut from January

More than 530,000 civil servants, including police and teachers, will in January have their take-home pay cut by 7.5 percent as they start contributing...

Auction of Tuskys stock in Greenspan Mall put on hold

Business Daily | by Boniface Otieno Auctioneers have temporarily suspended sale of Tuskys Supermarket stocks at Nairobi’s Greenspan Mall over Sh24 million rent arrears, offering...